January 4, 2024/InvestmentOne Update

ASI as at 12.00pm: +0.43%

Top Gainers and Losers: LEARNAFRCA (+10.00%), WEMABANK (+10.00%), ABCTRANS (-8.25%) and REGALINS (-4.76%).

Sector Performances: Oil & Gas (+1.09%), Banking (+0.77%), Consumer Goods (+0.70%) and Industrial.

Market activity: In today’s trade, total volume and value decreased by 4% and 12%, respectively compared to this time yesterday, as investors have traded about 475 million units of shares worth N4.91 billion.

FIDELITYBK (+4.00%) is the most traded stock by volume and value with about 66 million units of shares worth N826 million accounting for 14% and 17% of the total volume and value.

Likely close: Barring any substantial fall in the share prices of AIRTELAFRI, DANGCEM and MTNN, the market should close northwards.